Quarterly Income Deposit Scheme
|Tenure||1 year||2 years||3 years|
|Amount to be paid per quarter per lac (Tk.)||2,800.00||2,875.00||2,925.00|
Terms and Conditions:
- Any person aged 18 (eighteen) years and above is eligible to open this account.
- Legally formed institutions may open this account.
- Minimum deposit amount is Tk. 1.00 (One) lac.
- Pre-mature encashment is allowed after 3 (three) months. Interest rate shall be 6% p.a. for pre-mature encashment.
- Loan facility may be allowed up to 80% of the deposit amount. Interest rate of loan shall be 15% p.a.
- Tax and Excise Duty shall be as per the Govt. rules.